Trading Day Review: Pagerduty Inc (PD) Loses Momentum, Closing at 20.93

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The price of Pagerduty Inc (NYSE: PD) closed at $20.93 in the last session, down -4.30% from day before closing price of $21.87. In other words, the price has decreased by -$4.30 from its previous closing price. On the day, 0.86 million shares were traded. PD stock price reached its highest trading level at $21.925 during the session, while it also had its lowest trading level at $20.9.

Ratios:

We take a closer look at PD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.31. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 2.64 whereas as Long-Term Debt/Eq ratio is at 2.61.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on July 18, 2024, initiated with a Neutral rating and assigned the stock a target price of $24.

On June 28, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $23.

On June 27, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $24.JP Morgan initiated its Neutral rating on June 27, 2024, with a $24 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 17 ’24 when Tejada Jennifer sold 2,000 shares for $22.00 per share. The transaction valued at 44,000 led to the insider holds 1,015,637 shares of the business.

Tejada Jennifer sold 25,892 shares of PD for $544,545 on Jul 11 ’24. The Chief Executive Officer now owns 1,016,437 shares after completing the transaction at $21.03 per share. On Jul 10 ’24, another insider, Wilson Howard, who serves as the Chief Financial Officer of the company, sold 12,108 shares for $20.49 each. As a result, the insider received 248,093 and left with 594,202 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PD now has a Market Capitalization of 2000908032 and an Enterprise Value of 1972137344. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.56 while its Price-to-Book (P/B) ratio in mrq is 11.50. Its current Enterprise Value per Revenue stands at 4.496 whereas that against EBITDA is -26.982.

Stock Price History:

Over the past 52 weeks, PD has reached a high of $26.70, while it has fallen to a 52-week low of $17.92. The 50-Day Moving Average of the stock is 0.58%, while the 200-Day Moving Average is calculated to be -4.79%.

Shares Statistics:

According to the various share statistics, PD traded on average about 1.15M shares per day over the past 3-months and 1121840 shares per day over the past 10 days. A total of 92.74M shares are outstanding, with a floating share count of 89.76M. Insiders hold about 6.11% of the company’s shares, while institutions hold 96.51% stake in the company. Shares short for PD as of 1721001600 were 11597648 with a Short Ratio of 10.09, compared to 1718323200 on 11308032. Therefore, it implies a Short% of Shares Outstanding of 11597648 and a Short% of Float of 16.399999.

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